Vanguard S&P 500 ETF (NYSEARCA:VOO) Reaches New 52-Week High – Should You Buy?
by Jessica Moore · The Cerbat GemVanguard S&P 500 ETF (NYSEARCA:VOO – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as $717.58 and last traded at $715.9420, with a volume of 869145 shares. The stock had previously closed at $712.32.
Vanguard S&P 500 ETF Stock Performance
The stock has a market cap of $1.07 trillion, a PE ratio of 24.97 and a beta of 1.00. The company’s 50-day moving average price is $703.45 and its 200 day moving average price is $677.35.
Hedge Funds Weigh In On Vanguard S&P 500 ETF
Several large investors have recently modified their holdings of VOO. Bay Harbor Wealth Management LLC grew its position in shares of Vanguard S&P 500 ETF by 20.8% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 87 shares of the company’s stock worth $60,000 after buying an additional 15 shares during the period. Spinnaker Trust lifted its position in Vanguard S&P 500 ETF by 0.4% during the 2nd quarter. Spinnaker Trust now owns 3,643 shares of the company’s stock worth $2,502,000 after buying an additional 15 shares in the last quarter. Roxbury Financial LLC grew its stake in shares of Vanguard S&P 500 ETF by 5.1% in the third quarter. Roxbury Financial LLC now owns 310 shares of the company’s stock valued at $217,000 after buying an additional 15 shares in the last quarter. Hibernia Wealth Partners LLC lifted its stake in Vanguard S&P 500 ETF by 2.6% in the 1st quarter. Hibernia Wealth Partners LLC now owns 626 shares of the company’s stock valued at $374,000 after purchasing an additional 16 shares during the last quarter. Finally, Graves Light Lenhart Wealth Inc. boosted its stake in shares of Vanguard S&P 500 ETF by 0.9% during the 2nd quarter. Graves Light Lenhart Wealth Inc. now owns 1,712 shares of the company’s stock worth $1,176,000 after acquiring an additional 16 shares during the period.
Vanguard S&P 500 ETF Company Profile
Vanguard 500 Index Fund (the Fund) is an open-end investment company, or mutual fund. The Fund offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The Fund seeks to track the investment performance of the Standard & Poor’s 500 Index, an unmanaged benchmark representing the United States large-capitalization stocks. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.